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Posted

Hello mates,

I just wanted to inform you, if you regularly exchange some money to Thai Baht, there are two new exchange shop (tiny kiosk)...

It is blue, name is "better rates". And yes they have better rate. Not good as CM and Bangkok's Super Rich but still..

They both are on chaweng beach road on the left.

One Ark bar (I don t know exact distance, can be 2-300m)

One you have to continue on chaweng beach road, 2-300m after it is no longer one way, on the left side also.

Hope I am clear.

I am not affiliate at all to them, hope you don't consider this as advertisement !

Posted

Sure Super Rich is better.. but it is in BKK...

AUS rate... I don t know but should be better than others exchange shops..

Posted

Sure Super Rich is better.. but it is in BKK...

AUS rate...  I don t know but should be better than others exchange shops..

Better than the banks? thats financial suicide!

Sent from my GT-P7500 using Thaivisa Connect Thailand mobile app

Posted (edited)

Sure Super Rich is better.. but it is in BKK...

AUS rate... I don t know but should be better than others exchange shops..

Better than the banks? thats financial suicide!

Sent from my GT-P7500 using Thaivisa Connect Thailand mobile app

Not really, all the banks charge different rates and the spread between the lowest and the highest bank exchange rate is significantly large, there's always room for another player to slip into the middle of the pack. Take a look at the attached link and see the differences:

http://bankexchangerates.daytodaydata.net/default.aspx

Edited by chiang mai
  • Like 2
Posted

Tou h

Sure Super Rich is better.. but it is in BKK...
AUS rate... I don t know but should be better than others exchange shops..


Better than the banks? thats financial suicide!

Sent from my GT-P7500 using Thaivisa Connect Thailand mobile app

Exchange rate of these blue shops, for notes, are better than banks, yes.

If you have notes to change, best place.

But if you compare these notes exchange rates to TT/ATM rates/wire transfers, your bank offers better.

Posted

Sure Super Rich is better.. but it is in BKK...

AUS rate...  I don t know but should be better than others exchange shops..

Better than the banks? thats financial suicide!

Sent from my GT-P7500 using Thaivisa Connect Thailand mobile app

Not really, all the banks charge different rates and the spread between the lowest and the highest bank exchange rate is significantly large, there's always room for another player to slip into the middle of the pack. Take a look at the attached link and see the differences:

 

http://bankexchangerates.daytodaydata.net/default.aspx

Very interesting cm but take out super rich and the spread becomes somewhat smaller. This is in the samui forum so super rich is not really an option.

Sent from my GT-P7500 using Thaivisa Connect Thailand mobile app

Posted

Sure Super Rich is better.. but it is in BKK...

AUS rate... I don t know but should be better than others exchange shops..

Better than the banks? thats financial suicide!

Sent from my GT-P7500 using Thaivisa Connect Thailand mobile app

Not really, all the banks charge different rates and the spread between the lowest and the highest bank exchange rate is significantly large, there's always room for another player to slip into the middle of the pack. Take a look at the attached link and see the differences:

http://bankexchangerates.daytodaydata.net/default.aspx

Very interesting cm but take out super rich and the spread becomes somewhat smaller. This is in the samui forum so super rich is not really an option.

Sent from my GT-P7500 using Thaivisa Connect Thailand mobile app

The spread varies based on the currency of course but on the opening page of the link it equals a difference of 15% between the cheapest and the most expensive, even after Super Rich has been excluded!

Posted
 
 
Sure Super Rich is better.. but it is in BKK...

AUS rate...  I don t know but should be better than others exchange shops..

Better than the banks? thats financial suicide!

Sent from my GT-P7500 using Thaivisa Connect Thailand mobile app

 

Not really, all the banks charge different rates and the spread between the lowest and the highest bank exchange rate is significantly large, there's always room for another player to slip into the middle of the pack. Take a look at the attached link and see the differences:

 

http://bankexchangerates.daytodaydata.net/default.aspx

 

Very interesting cm but take out super rich and the spread becomes somewhat smaller. This is in the samui forum so super rich is not really an option.

Sent from my GT-P7500 using Thaivisa Connect Thailand mobile app

The spread varies based on the currency of course but on the opening page of the link it equals a difference of 15% between the cheapest and the most expensive, even after Super Rich has been excluded!

Yawn

Sent from my GT-P7500 using Thaivisa Connect Thailand mobile app

Posted

Sure Super Rich is better.. but it is in BKK...

AUS rate... I don t know but should be better than others exchange shops..

Better than the banks? thats financial suicide!

Sent from my GT-P7500 using Thaivisa Connect Thailand mobile app

I know people who make 5,000-10,000 profit a month just by exchanging foreign currency back and forth. Yes, Super Rich is in BKK only, so if you just want to exchange some Baht, then of cause the Samui option is much better.

Posted

Samui Coconut, I do this all the day on the forex... Can I be in contact with your friend?

Posted

fascinating topic. So there two new exchange kiosks that might save you an extra one baht for every $200 exchanged. Apart from that they are just two more to add to the 20,000 exchange kiosks we already have.

Sorry if i offend but seriously am i missing something?

Posted

fascinating topic. So there two new exchange kiosks that might save you an extra one baht for every $200 exchanged. Apart from that they are just two more to add to the 20,000 exchange kiosks we already have.

Sorry if i offend but seriously am i missing something?

Cash?
  • Like 1
Posted

fascinating topic. So there two new exchange kiosks that might save you an extra one baht for every $200 exchanged. Apart from that they are just two more to add to the 20,000 exchange kiosks we already have.

Sorry if i offend but seriously am i missing something?

Cash?

No.

Posted
Sure Super Rich is better.. but it is in BKK...

AUS rate... I don t know but should be better than others exchange shops..

Better than the banks? thats financial suicide!

Sent from my GT-P7500 using Thaivisa Connect Thailand mobile app

Not really, all the banks charge different rates and the spread between the lowest and the highest bank exchange rate is significantly large, there's always room for another player to slip into the middle of the pack. Take a look at the attached link and see the differences:

http://bankexchangerates.daytodaydata.net/default.aspx

Very interesting cm but take out super rich and the spread becomes somewhat smaller. This is in the samui forum so super rich is not really an option.

Sent from my GT-P7500 using Thaivisa Connect Thailand mobile app

The spread varies based on the currency of course but on the opening page of the link it equals a difference of 15% between the cheapest and the most expensive, even after Super Rich has been excluded!

Yawn

Sent from my GT-P7500 using Thaivisa Connect Thailand mobile app

Why you are most welcome Sketcher.

Posted

Just saw them putting one of the bright blue and white kiosks up between Bophut and Maenam.... it sure will stand out when done,.. w00t.gif

.... near that hotel that has the annoying whistle blowers stopping the traffic. rolleyes.gifwhistling.gif

I'll stick to my bank! wink.png

Posted

fascinating topic. So there two new exchange kiosks that might save you an extra one baht for every $200 exchanged. Apart from that they are just two more to add to the 20,000 exchange kiosks we already have.

Sorry if i offend but seriously am i missing something?

We're not all running multinational global conglomerates carmine! rolleyes.gif

Posted

fascinating topic. So there two new exchange kiosks that might save you an extra one baht for every $200 exchanged. Apart from that they are just two more to add to the 20,000 exchange kiosks we already have.

Sorry if i offend but seriously am i missing something?

I knew some were gona tell this :-)

When I exchange 1000usd I prefer getting 30000thb than 29500, yes

And even if diff was 200thb, I would go for the better rate, yes.

Only when I change like 50, 100eur, I go to any.

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